Let the races begin: $FB stock begins trading on the open market
After an amazing setup yesterday for the Facebook IPO and a $104 billion company valuation, and this morning with Mark Zuckerberg ringing the NASDAQ bell from Menlo Park California (pictured inset), the Facebook stock (FB) has officially began trading on the open market.
If you are investing in Facebook, please let me know in the comments. I would be interested to see how the stock does over time from an investors stand point. Some, like Warren Buffet, don’t think the stock is worth it’s value which will begin trading at $38 per share and will likely go up right after it begins trading publicly - but maybe the stock is worth it? I only wish I invested in Google years ago. So maybe I should get some FB stock?
Below is a snapshot of FB stock trading in real-time on NASDAQ via CNBC.
UPDATE: The stock opened at just over $42 per share as shown above, and the FB stock traded 82 million shares within the first 30 seconds!